| 123rd MAINE LEGISLATURE | ||||||
| LD 811 | LR 855(01) | |||||
| An Act To Exempt Dietary Supplements from the Sales Tax | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Boland of Sanford | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $690,144 | $995,400 | $1,004,880 | $1,014,360 | ||
| Revenue | ||||||
| General Fund | ($690,144) | ($995,400) | ($1,004,880) | ($1,014,360) | ||
| Other Special Revenue Funds | ($37,856) | ($54,600) | ($55,120) | ($55,640) | ||
| Fiscal Detail and Notes | ||||||
| Exempting certain dietary supplements from the sales tax will reduce General Fund revenue by an estimated $690,144 in fiscal year 2007-08 and $995,400 in fiscal year 2008-09. | ||||||